Strata Oil releases details on cold production assessment for Cadotte West Land BlockJul 7, 2014Strata Oil & Gas Inc. announce results from its study to further assess the primary heavy oil production potential of its 100%-owned
Jupiter Energy gets approval of the preliminary West Zhetybai reservesJul 7, 2014Jupiter Energy Limited advise that the relevant Kazakh State Bodies have approved the Preliminary Reserves Report for the West Zhetybai field.
Statoil to suspend its contract with Saipem for the rig Scarabeo5Jul 7, 2014Owing to overcapacity in its rig portfolio, Statoil will suspend its contract with Saipem for the rig Scarabeo5 from the autumn of 2014.
Magnum Energy appoints new PresidentJul 7, 2014Magnum Energy says that Richard Nemeth, president & CEO has submitted his resignation to the board of directors to address chronic
Xcite Energy enters into a Memorandum of Understanding with Aibel ASJul 7, 2014Xcite Energy’s fully owned subsidiary, Xcite Energy Resources Limited (XER), has entered into a Memorandum of Understanding
Chariot signs farm-out agreement with a wholly owned subsidiary of WoodsideJul 7, 2014Chariot Oil & Gas Limited says that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has signed a farm-out
PetroNeft Resources completes the Licence 61 farmout to Oil India LimitedJul 7, 2014PetroNeft has completed the Licence 61 Farmout to Oil India Limited (OIL). Drilling to re-commence at Licence 61 this month as part
Dejour Energy closes Woodrush acquisitionJul 7, 2014Dejour Energy Inc. has closed on its previously announced production acquisition of a further 24% Working Interest in its legacy
Seadrill and SapuraKencana's PLSV starts Petrobras jobJul 7, 2014Seadrill Limited and SapuraKencana Petroleum Berhad’s jointly owned entity Sapura Navegação Marítima (SNM) has commenced operations of its first pipe-laying support vessel (PLSV) - Sapura Diamante - for Petroleo Brasileiro S.A., Brazil, (Petrobras).
McDermott completes Ayatsil-B drilling platform in Bay of CampecheJul 4, 2014McDermott International, Inc. has successfully completed the Ayatsil-B Drilling Platform for PEMEX Exploración y Producción in the Bay
Deep Well acquires and cancels potential royalty claimJul 4, 2014Deep Well Oil & Gas, Inc. has acquired and cancelled 5.5% of a purported 6.5% overriding royalty interest claim on certain lands it owns
The Switch to be acquired by Yaskawa Electric CorporationJul 4, 2014Yaskawa Electric Corporation (Yaskawa) has signed a definitive agreement to acquire The Switch, a supplier of megawatt-class
Newton Energy Corporation to sell Newton UKJul 4, 2014Newton Energy Corporation has entered into a term sheet with Hutton Energy Plc (Hutton) to sell 100% of its wholly-owned subsidiary,
Hurricane demobilises Transocean Sedco 712 semi-submersible drilling unitJul 4, 2014Hurricane Energy plc successfully demobilised the Transocean Sedco 712 semi-submersible drilling unit from the Lancaster horizontal
Hanssen oil discovery in Barents Sea, offshore NorwayJul 4, 2014Tullow Oil says that the Hanssen wildcat well, in production licence 537, offshore Norway, has encountered a 20-25 metre oil bearing
Portfolio adjustments in AngolaJul 4, 2014Statoil is divesting equity in blocks 38 and 39 in the Kwanza basin offshore Angola. “The transactions are part of Statoil’s continued
Victory Energy appoints Ralph Kehle to its Board of DirectorsJul 4, 2014Victory Energy Corporation’s board of directors has approved the addition of Mr. Ralph Kehle as a new independent board member.
Petrobras reaches 500,000 barrels per day in pre-salt outputJul 4, 2014Petrobras and its partners have broken through the barrier of 500,000 barrels of oil per day (bpd) produced in the Brazilian pre-salt, just
Goudron well GY-666 reaches total depthJul 4, 2014Leni Gas & Oil has successfully drilled the well GY-666 to a total depth of 3,357 feet measured depth and the analysis of the electric logs
Patterson-UTI reports drilling activity for June 2014Jul 4, 2014Patterson-UTI Energy reports that for the month of June 2014, the Company had an average of 204 drilling rigs operating in the United
Final regulatory approval received for acquisition of Caracal by GlencoreJul 4, 2014Caracal Energy Inc. says that Glencore plc has received Investment Canada Act approval in connection with the plan of arrangement to effect the acquisition
Bellatrix's Ferrier Area Gas Plants returns to full capacityJul 4, 2014Bellatrix Exploration Ltd. says that the Ferrier Area Gas Plants, that had been shut in for scheduled and unscheduled plant turnarounds in
GSE Systems joins Oil and Gas UKJul 4, 2014Global energy services solutions provider GSE Systems has announced its membership with Oil and Gas UK, the leading
Frontera Resources completes an equity fund raising initiativeJul 4, 2014Frontera Resources Corporation has successfully completed an equity fund raising initiative that will support ongoing operations as